About This Deal
Alphabet acquired Moodstocks, a transaction announced in July 2016.
Moodstocks operates in AI / Machine learning, is based in Paris, France. Moodstocks was a Paris-based team building machine-learning and on-device image- and object-recognition technology for mobile. Google acquired it to strengthen its machine-learning research presence in France and improve visual recognition across products such as Google Photos. (Announcement is on Google's official French-language blog.)
Bolster Google's machine-learning talent and image-recognition capabilities in Europe.
Deal Terms
Acquirer
Alphabet
Target
Moodstocks
Value
Not disclosed
Date
July 2016
Type
Acquisition
Status
Official-source — no SEC filing
Transaction Details
Target HQ
Paris, France
Segment
AI / Machine learning
Announced
July 6, 2016
Advisors
Advisory firms were not disclosed for this transaction.
Related Deals & Entities
Sources:
Press release ↗
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